New fiesta st, thoughts.
30 June 2014, 10:00 PM
#61
If you're able to squeeze 40mpg out of an old K-Series and 35mpg out of an Impreza, I'm sure you'd have no trouble getting 60mpg out of a supermini. Your Rover is the same size as today's Polo, Fiesta, Corsa etc...
The common diesel issues you mention are unlikely to materialise in a car's first three years; even less so as you'll be doing 20k miles per year in it.
In the unlikely event it does break, it's not even your problem... Just hand it back to a dealer. They'll clean it. They'll give you a courtesy car. They'll even pay for the repair.
Don't get me wrong... The cheapest form of motoring is in a reliable, economical shed. Trouble is, most sheds aren't reliable, nor economical and attempting to do 60k trouble-free miles is one is nigh on impossible.
The common diesel issues you mention are unlikely to materialise in a car's first three years; even less so as you'll be doing 20k miles per year in it.
In the unlikely event it does break, it's not even your problem... Just hand it back to a dealer. They'll clean it. They'll give you a courtesy car. They'll even pay for the repair.
Don't get me wrong... The cheapest form of motoring is in a reliable, economical shed. Trouble is, most sheds aren't reliable, nor economical and attempting to do 60k trouble-free miles is one is nigh on impossible.
I'm an engineer by trade and always worked on and around cars, so picking a decent one and maintaining it has never been a problem, worst car i've ever owned was my sti type r but I chose that with my heart.
It's had a few problems but it's always a cheap easy fix, I wish I could find another one like it in a year because they're a cracking motor and I have had and driven more cars than I can remember but these crappy little rovers put a lot of cars to shame, but people don't want to hear that as it's more fun to take the p!ss, I hope they carry on doing so and they stay cheap as chips.
30 June 2014, 11:21 PM
#62
Scooby Regular
01 July 2014, 08:02 AM
#63
Anyone that knows anything about driving quickly on country roads knows it's not just about power once your moving, between 60 and 90mph on a twisty road you better be a pretty good driver or completely mental to hang it's **** out around a bend on the wrong side of the road at 100mph in a ferrari trying to get past a 500 quid Rover being driven by a reasonably experienced enthusiast.That's why these boards are littered with tales of fiestas and renaults giving 300bhp + scoobs a hard time.
P.S I fully expected to get mullered and didn't care, the funny thing was he couldn't do it.
01 July 2014, 08:15 AM
#64
I don't know of any 3yr old petrol cars that will average 60mpg and are the same size as the Rover 200, please enlighten me, can't do diesel as too many short trips and i'm afraid of all the dpf/dmf etc failures.
I also think I would have spent a lot more on servicing over the same period, again I would like to be proven wrong as I may well consider a new car for the wife if the sums add up.
I also think I would have spent a lot more on servicing over the same period, again I would like to be proven wrong as I may well consider a new car for the wife if the sums add up.
No but I would have paid a deposit of over £1k then almost £3k in payments plus fuel and a service and after 2 years I'm walking, or the wife is with nothing to show for it, so then i'll have to do it again for another 2yrs then that's £8k for 4yrs and still no car on the drive.
The Rover might be a **** box but it aint going to cost £8k in 4yrs, and having just gone through an MOT at a cost of £150, which would have been less if I was here at the time, it's good to go for it's 4th year and probably in the region of 15/20k more miles. Having just spent the weekend being driven around by the Mrs aint no ******* way i'm buying her a decent motor, she'd smash the **** out of a modern german whip, steel wheels ftw.
The Rover might be a **** box but it aint going to cost £8k in 4yrs, and having just gone through an MOT at a cost of £150, which would have been less if I was here at the time, it's good to go for it's 4th year and probably in the region of 15/20k more miles. Having just spent the weekend being driven around by the Mrs aint no ******* way i'm buying her a decent motor, she'd smash the **** out of a modern german whip, steel wheels ftw.
So, one last time and on a like-for-like basis then...
A 4 year lease is 6+48, so £100 per month equates to £5400 for the duration. We've established your Rover will use £4000 more fuel, so unless you can tax, MOT, get breakdown cover and repair your Rover for less than £350 per year, I'm afraid you're out of pocket. And when (if!) the time comes to replace the worthless (your words) Rover, then what? Unless you have access to free cars, you're going to have to 'spend' some money.
It sounds like you've endured 60,000 miles sat in an old Rover, convincing yourself (and the missus it seems) that it's the cheapest, most wallet-friendly mode of transport available to man. (Or woman in this case).
Referring to people as 'bonkers' and 'not very bright' is slightly ironic when it seems you're the one struggling to understand the concept of leasing.
If you'd said that leasing wasn't for you because you liked tinkering with old cars, that you wouldn't commit to finance, that you didn't like the idea of being stuck with a car or the missus loved her Rover so much she won't drive anything else, then fair enough. But you didn't. Instead you came on here name-calling.
As I said in my first post on this subject... You have been lucky. The Rover seems to have been reliable and you're in a position where you can maintain it yourself. Most of us aren't fortunate to have either the time, the patience or the knowledge to do the same. And that costs us money. As much as I love cars, I hate working on them.
Regarding your bleating on about the K-Series, I had one once and I'm still catching up on lost sleep, not to mention the grey hairs which appeared during ownership. When it worked, it was great... I'll never forget that day.
Well, that's me done on the subject, so may I wish you many more happy miles in the big, sporty 214 and long may you happily wield your spanners on it!
Oh, and apologies to the OP for derailing the thread...
The Fiesta ST is a cracking car and a cracking deal. Let us know how you get on.
01 July 2014, 08:33 AM
#65
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It's an interesting read tbh, some valid points. I'm still undecided on which route to take, hopefully driving one on Thursday (my only day off).
01 July 2014, 11:12 AM
#66
Scooby Regular
leasing is either an easy way of buying something new that you cannot afford to buy outright
or a financial mechanism that allows you to allocate your financial resources to the most beneficial effect - i.e. you have the money but can work the figures, usually through tax efficiency to make it better financial sense
it is that simple, I always have better uses for money than to poor them into depreciating assets
or a financial mechanism that allows you to allocate your financial resources to the most beneficial effect - i.e. you have the money but can work the figures, usually through tax efficiency to make it better financial sense
it is that simple, I always have better uses for money than to poor them into depreciating assets
01 July 2014, 11:23 AM
#67
Scooby Regular
01 July 2014, 01:04 PM
#68
Wow! You've skewed those figures somewhat.
So, one last time and on a like-for-like basis then...
A 4 year lease is 6+48, so £100 per month equates to £5400 for the duration. We've established your Rover will use £4000 more fuel, so unless you can tax, MOT, get breakdown cover and repair your Rover for less than £350 per year, I'm afraid you're out of pocket. And when (if!) the time comes to replace the worthless (your words) Rover, then what? Unless you have access to free cars, you're going to have to 'spend' some money.
It sounds like you've endured 60,000 miles sat in an old Rover, convincing yourself (and the missus it seems) that it's the cheapest, most wallet-friendly mode of transport available to man. (Or woman in this case).
Referring to people as 'bonkers' and 'not very bright' is slightly ironic when it seems you're the one struggling to understand the concept of leasing.
If you'd said that leasing wasn't for you because you liked tinkering with old cars, that you wouldn't commit to finance, that you didn't like the idea of being stuck with a car or the missus loved her Rover so much she won't drive anything else, then fair enough. But you didn't. Instead you came on here name-calling.
As I said in my first post on this subject... You have been lucky. The Rover seems to have been reliable and you're in a position where you can maintain it yourself. Most of us aren't fortunate to have either the time, the patience or the knowledge to do the same. And that costs us money. As much as I love cars, I hate working on them.
Regarding your bleating on about the K-Series, I had one once and I'm still catching up on lost sleep, not to mention the grey hairs which appeared during ownership. When it worked, it was great... I'll never forget that day.
Well, that's me done on the subject, so may I wish you many more happy miles in the big, sporty 214 and long may you happily wield your spanners on it!
Oh, and apologies to the OP for derailing the thread...
The Fiesta ST is a cracking car and a cracking deal. Let us know how you get on.
So, one last time and on a like-for-like basis then...
A 4 year lease is 6+48, so £100 per month equates to £5400 for the duration. We've established your Rover will use £4000 more fuel, so unless you can tax, MOT, get breakdown cover and repair your Rover for less than £350 per year, I'm afraid you're out of pocket. And when (if!) the time comes to replace the worthless (your words) Rover, then what? Unless you have access to free cars, you're going to have to 'spend' some money.
It sounds like you've endured 60,000 miles sat in an old Rover, convincing yourself (and the missus it seems) that it's the cheapest, most wallet-friendly mode of transport available to man. (Or woman in this case).
Referring to people as 'bonkers' and 'not very bright' is slightly ironic when it seems you're the one struggling to understand the concept of leasing.
If you'd said that leasing wasn't for you because you liked tinkering with old cars, that you wouldn't commit to finance, that you didn't like the idea of being stuck with a car or the missus loved her Rover so much she won't drive anything else, then fair enough. But you didn't. Instead you came on here name-calling.
As I said in my first post on this subject... You have been lucky. The Rover seems to have been reliable and you're in a position where you can maintain it yourself. Most of us aren't fortunate to have either the time, the patience or the knowledge to do the same. And that costs us money. As much as I love cars, I hate working on them.
Regarding your bleating on about the K-Series, I had one once and I'm still catching up on lost sleep, not to mention the grey hairs which appeared during ownership. When it worked, it was great... I'll never forget that day.
Well, that's me done on the subject, so may I wish you many more happy miles in the big, sporty 214 and long may you happily wield your spanners on it!
Oh, and apologies to the OP for derailing the thread...
The Fiesta ST is a cracking car and a cracking deal. Let us know how you get on.
Your not actually showing me any facts though are you.
Which car can I get for £100 per month that's the same size as a rover 200, ie ford focus sized and does 60mpg?
I am genuinely interested as I would change it if it was going to save me money, honest gov.
Don't take it as a personal attack, I'm really not being funny about this subject, it's a discussion and i'd love to be proved wrong in my thinking.
And I didn't call anyone in particular any names, it's an opinion.
Edit to add; don't get the hump and bow out. Also there is the £1k+ deposit to add to your figures.
2nd edit; there is also the fact that if anyone doing this looses their job they then default on re-payments, screw their credit rating, no doubt encounter some hefty charges for breaking the contract and become carlos.
Last edited by ditchmyster; 01 July 2014 at 01:11 PM.
01 July 2014, 06:54 PM
#71
So far the only thing we have established is I'd spend £5400 and still not have a car at the end.
Your not actually showing me any facts though are you.
Which car can I get for £100 per month that's the same size as a rover 200, ie ford focus sized and does 60mpg?
I am genuinely interested as I would change it if it was going to save me money, honest gov.
Don't take it as a personal attack, I'm really not being funny about this subject, it's a discussion and i'd love to be proved wrong in my thinking.
And I didn't call anyone in particular any names, it's an opinion.
Edit to add; don't get the hump and bow out. Also there is the £1k+ deposit to add to your figures.
2nd edit; there is also the fact that if anyone doing this looses their job they then default on re-payments, screw their credit rating, no doubt encounter some hefty charges for breaking the contract and become carlos.
Your not actually showing me any facts though are you.
Which car can I get for £100 per month that's the same size as a rover 200, ie ford focus sized and does 60mpg?
I am genuinely interested as I would change it if it was going to save me money, honest gov.
Don't take it as a personal attack, I'm really not being funny about this subject, it's a discussion and i'd love to be proved wrong in my thinking.
And I didn't call anyone in particular any names, it's an opinion.
Edit to add; don't get the hump and bow out. Also there is the £1k+ deposit to add to your figures.
2nd edit; there is also the fact that if anyone doing this looses their job they then default on re-payments, screw their credit rating, no doubt encounter some hefty charges for breaking the contract and become carlos.
I have included the deposit! It's the '6' in '6+48'. (£600 deposit + £4800 = £5400).
The £100 was in your post #29 with no mention of car size, hence why I initially suggested VW's Up!
No matter what you may like to think, a current Fiesta is the size of your 214. They're come out at around £110 to lease.
I'm actually bored of reading my own writing now, so I'm not going round in anymore endless circles trying to explain the money side of things to you. Regardless of costs; at the end of the term you either...
a) Walk away having had 4 years of trouble-free motoring in a brand new car.
Or
b) Stand there looking proudly at £200 worth of Rover sat on your drive, whilst scratching your head in amazement that the thing still works and deliberating why the missus hasn't divorced you yet.
Your comment regarding the lack of work is a perfectly valid one and is a very good reason not to take on a lease. You could have said that right at the beginning instead of arguing about finances and saved me some time!!
As for having the hump or taking your comments personally... Erm, no.
01 July 2014, 06:54 PM
#72
Scooby Regular
01 July 2014, 07:35 PM
#73
Arghh! I actually have clumps of my own hair in my hands!
I have included the deposit! It's the '6' in '6+48'. (£600 deposit + £4800 = £5400).
The £100 was in your post #29 with no mention of car size, hence why I initially suggested VW's Up!
No matter what you may like to think, a current Fiesta is the size of your 214. They're come out at around £110 to lease.
I'm actually bored of reading my own writing now, so I'm not going round in anymore endless circles trying to explain the money side of things to you. Regardless of costs; at the end of the term you either...
a) Walk away having had 4 years of trouble-free motoring in a brand new car.
Or
b) Stand there looking proudly at £200 worth of Rover sat on your drive, whilst scratching your head in amazement that the thing still works and deliberating why the missus hasn't divorced you yet.
Your comment regarding the lack of work is a perfectly valid one and is a very good reason not to take on a lease. You could have said that right at the beginning instead of arguing about finances and saved me some time!!
As for having the hump or taking your comments personally... Erm, no.
I have included the deposit! It's the '6' in '6+48'. (£600 deposit + £4800 = £5400).
The £100 was in your post #29 with no mention of car size, hence why I initially suggested VW's Up!
No matter what you may like to think, a current Fiesta is the size of your 214. They're come out at around £110 to lease.
I'm actually bored of reading my own writing now, so I'm not going round in anymore endless circles trying to explain the money side of things to you. Regardless of costs; at the end of the term you either...
a) Walk away having had 4 years of trouble-free motoring in a brand new car.
Or
b) Stand there looking proudly at £200 worth of Rover sat on your drive, whilst scratching your head in amazement that the thing still works and deliberating why the missus hasn't divorced you yet.
Your comment regarding the lack of work is a perfectly valid one and is a very good reason not to take on a lease. You could have said that right at the beginning instead of arguing about finances and saved me some time!!
As for having the hump or taking your comments personally... Erm, no.
)Regarding the deal it's pretty good, but all comes down to 'your' circumstances and easy life, after the term just get another similar deal for the rest of your time as that's what most folk do nowadays.
Me personally, I'd farther buy used in cash when they have dropped price and don't loose as much thereafter depending on what you choose.
01 July 2014, 08:39 PM
#74
Scooby Regular
Buy it, and have fun.
Forget about loseing your job scenario or youll never get one, unless your known for sponging off the state then maybe dont. But like me ive been in work for 20plus years and there are a lot of what ifs in life, live for now..... The end
Forget about loseing your job scenario or youll never get one, unless your known for sponging off the state then maybe dont. But like me ive been in work for 20plus years and there are a lot of what ifs in life, live for now..... The end
01 July 2014, 08:56 PM
#75
Arghh! I actually have clumps of my own hair in my hands!
I have included the deposit! It's the '6' in '6+48'. (£600 deposit + £4800 = £5400).
The £100 was in your post #29 with no mention of car size, hence why I initially suggested VW's Up!
No matter what you may like to think, a current Fiesta is the size of your 214. They're come out at around £110 to lease.
I'm actually bored of reading my own writing now, so I'm not going round in anymore endless circles trying to explain the money side of things to you. Regardless of costs; at the end of the term you either...
a) Walk away having had 4 years of trouble-free motoring in a brand new car.
Or
b) Stand there looking proudly at £200 worth of Rover sat on your drive, whilst scratching your head in amazement that the thing still works and deliberating why the missus hasn't divorced you yet.
Your comment regarding the lack of work is a perfectly valid one and is a very good reason not to take on a lease. You could have said that right at the beginning instead of arguing about finances and saved me some time!!
As for having the hump or taking your comments personally... Erm, no.
I have included the deposit! It's the '6' in '6+48'. (£600 deposit + £4800 = £5400).
The £100 was in your post #29 with no mention of car size, hence why I initially suggested VW's Up!
No matter what you may like to think, a current Fiesta is the size of your 214. They're come out at around £110 to lease.
I'm actually bored of reading my own writing now, so I'm not going round in anymore endless circles trying to explain the money side of things to you. Regardless of costs; at the end of the term you either...
a) Walk away having had 4 years of trouble-free motoring in a brand new car.
Or
b) Stand there looking proudly at £200 worth of Rover sat on your drive, whilst scratching your head in amazement that the thing still works and deliberating why the missus hasn't divorced you yet.
Your comment regarding the lack of work is a perfectly valid one and is a very good reason not to take on a lease. You could have said that right at the beginning instead of arguing about finances and saved me some time!!
As for having the hump or taking your comments personally... Erm, no.
02 July 2014, 09:39 AM
#76
Scooby Regular
I saw one today, and best looking Fiesta since the RS Turbo 
. This one was White looked very nice.
Think at present im in a RED frame of mind so Red for me, or Black. White just never seems to shine as much.
And shiney is better
. This one was White looked very nice.Think at present im in a RED frame of mind so Red for me, or Black. White just never seems to shine as much.
And shiney is better
03 July 2014, 12:21 PM
#77
Well believe it or not I've had a chat with the mrs about this and we decided that we'll go take a look at the cheaper end of the market, Ford, Citroen, Pug,Honda and Skoda, may even go have a poke around the VW dealers across the road.
Just to see what sort of deals are on the cards and do some costings, see told you I'd look at it if the sums added up.
Just to see what sort of deals are on the cards and do some costings, see told you I'd look at it if the sums added up.
03 July 2014, 12:50 PM
#79
Well believe it or not I've had a chat with the mrs about this and we decided that we'll go take a look at the cheaper end of the market, Ford, Citroen, Pug,Honda and Skoda, may even go have a poke around the VW dealers across the road.
Just to see what sort of deals are on the cards and do some costings, see told you I'd look at it if the sums added up.
Just to see what sort of deals are on the cards and do some costings, see told you I'd look at it if the sums added up.
Visit the dealers by all means to get some idea of the cars themselves, but they won't be able to offer you the deals that the leasing companies can.
As ridiculous as it may sound, a dealer PCP will likely be 50% more expensive than a leasing company overall.*
They will try and tell you that at the end of the term there will be equity in the vehicle to use as a deposit on a replacement car, but it still won't add up financially compared with a straight lease.
Carefully do the maths and good luck!
*Awaits barrage of abuse from car dealers.
03 July 2014, 03:07 PM
#81
LOL!
Visit the dealers by all means to get some idea of the cars themselves, but they won't be able to offer you the deals that the leasing companies can.
As ridiculous as it may sound, a dealer PCP will likely be 50% more expensive than a leasing company overall.*
They will try and tell you that at the end of the term there will be equity in the vehicle to use as a deposit on a replacement car, but it still won't add up financially compared with a straight lease.
Carefully do the maths and good luck!
*Awaits barrage of abuse from car dealers.
Visit the dealers by all means to get some idea of the cars themselves, but they won't be able to offer you the deals that the leasing companies can.
As ridiculous as it may sound, a dealer PCP will likely be 50% more expensive than a leasing company overall.*
They will try and tell you that at the end of the term there will be equity in the vehicle to use as a deposit on a replacement car, but it still won't add up financially compared with a straight lease.
Carefully do the maths and good luck!
*Awaits barrage of abuse from car dealers.
So give me some links to these cracking deals, who knows I might be in an st3 next week.
03 July 2014, 03:10 PM
#82
03 July 2014, 03:47 PM
#84
The only way is to regularly keep checking websites or sign up for email notifications.
In comparison to your quote above Gateway2lease were doing ST's for £150 on a 6+23 basis. All in, including deposit, that works out at £220 per month. They've got deals on Zetec-S Ecoboost 125... £150 per month all in.
03 July 2014, 05:25 PM
#85
Scooby Regular
but that is still 5k to drive a fiesta for 2 years
then what - lease another fiesta for another 2 years
10k for 4 years worth of Fiesta levels of driving pleasure
and simply carry on leasing - for 20 years?
you are certainly going to have to love driving a new/2 year old Fiesta to spend 50k on it
then what - lease another fiesta for another 2 years
10k for 4 years worth of Fiesta levels of driving pleasure
and simply carry on leasing - for 20 years?
you are certainly going to have to love driving a new/2 year old Fiesta to spend 50k on it
03 July 2014, 05:27 PM
#86
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Nothing wrong with new, get the car you want. Buy 6 months down the road and have to compromise on what you would have chosen, colour & options etc. Most nearly new have poverty spec options the original purchaser put on.
Ok so I bought new, but for about 1-2k more than a 6 mother was going for I got exactly what I wanted and much more spec than the nearly new.
Ok so I bought new, but for about 1-2k more than a 6 mother was going for I got exactly what I wanted and much more spec than the nearly new.
Ideal.
03 July 2014, 05:36 PM
#87
but that is still 5k to drive a fiesta for 2 years
then what - lease another fiesta for another 2 years
10k for 4 years worth of Fiesta levels of driving pleasure
and simply carry on leasing - for 20 years?
you are certainly going to have to love driving a new/2 year old Fiesta to spend 50k on it
then what - lease another fiesta for another 2 years
10k for 4 years worth of Fiesta levels of driving pleasure
and simply carry on leasing - for 20 years?
you are certainly going to have to love driving a new/2 year old Fiesta to spend 50k on it
At least you're not on your own Ditch!
03 July 2014, 07:24 PM
#89
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LOL!
Visit the dealers by all means to get some idea of the cars themselves, but they won't be able to offer you the deals that the leasing companies can.
As ridiculous as it may sound, a dealer PCP will likely be 50% more expensive than a leasing company overall.*
They will try and tell you that at the end of the term there will be equity in the vehicle to use as a deposit on a replacement car, but it still won't add up financially compared with a straight lease.
Carefully do the maths and good luck!
*Awaits barrage of abuse from car dealers.
Visit the dealers by all means to get some idea of the cars themselves, but they won't be able to offer you the deals that the leasing companies can.
As ridiculous as it may sound, a dealer PCP will likely be 50% more expensive than a leasing company overall.*
They will try and tell you that at the end of the term there will be equity in the vehicle to use as a deposit on a replacement car, but it still won't add up financially compared with a straight lease.
Carefully do the maths and good luck!
*Awaits barrage of abuse from car dealers.
And leasing is renting, however "cheap" it appears. How could I be so nerdy with car care on a RENTED car? I've done the numbers to death for both personal and business leasing but both still end up being cr4p.
I save my "not giving a sh**" for housing which I find pitifully dull, unlike 99.99999% of the population who are obsessed by it. I like to live in a decent enough house but that's it. If something breaks, someone else can sort it. I'll keep it clean, keep the garden tidy but stuff like DIY can really go **** itself. I'd rather go surfing
03 July 2014, 09:12 PM
#90
but that is still 5k to drive a fiesta for 2 years
then what - lease another fiesta for another 2 years
10k for 4 years worth of Fiesta levels of driving pleasure
and simply carry on leasing - for 20 years?
you are certainly going to have to love driving a new/2 year old Fiesta to spend 50k on it
then what - lease another fiesta for another 2 years
10k for 4 years worth of Fiesta levels of driving pleasure
and simply carry on leasing - for 20 years?
you are certainly going to have to love driving a new/2 year old Fiesta to spend 50k on it
The reality is it's no different to what has been happening with the Rover £800 down and about £70 a week total costs (*** packet) See you did get through eafertyne.
and after 3 yrs the rover is worth it's weight in scrap metal.Truth is I wasn't expecting it to make it through another MOT without throwing some cash at it and was looking at jumping ship at the next sign of trouble, so being able to put the mrs in a new car for the same total outgoing is not to be sniffed at.
I'm not too proud or or hard headed to take on other peoples points and admit that there is merit in their thinking.
It's most definitely worth a few hours of my time to see if it can be done, if only so I don't have to worry about breakdowns because it'll be under warranty.